Start Digital, launched in January 2019 by the Infocomm Media Development Authority (“IMDA”) and Enterprise Singapore (“ESG”), is an initiative under the SMEs Go Digital programme. It provides newly incorporated SMEs or those that have yet to digitalise with foundational and easy-to-deploy digital solutions, to help them...
The global economy is seeing signs of gradual recovery from the economic fallout due to the COVID-19 pandemic. The SBF-Experian SME Index for 1Q21 – 2Q21F registered an overall reading of 48.2, an uptick from 46.3 in the 4Q20 – 1Q21F SBF-Experian SME Index.
Microsoft and Generation, a global nonprofit founded by McKinsey & Co, are partnering Digital Industry Singapore (DISG), Infocomm Media Development Authority (IMDA) and SkillsFuture Singapore (SSG) to upskill, place, and fill demand for tech-enabled jobs for up to 1,000 Singaporeans as part of the SGUnited Jobs and Skills Package. Titled #GetReadySG, the...
The Singapore Business Federation (SBF) SME Committee (SMEC) submitted its recommendations for the Singapore Budget 2021 to our Government on 30 November 2020.Budget 2021 RecommendationsFor Budget 2021, the SBF SMEC has put forth six key recommendations to help companies gain access to necessary resources, build resilience to...
The Monetary Authority of Singapore (MAS) and the Bank of Ghana (BOG) have commenced discussions to adopt the Business sans Borders (BSB) open hub of platforms between Singapore and Ghana. These discussions on close cooperation will benefit the small and medium-sized enterprises (SMEs) and...
The United Nations Development Programme (UNDP) Global Centre for Technology, Innovation and Sustainable Development and the Monetary Authority of Singapore (MAS) have signed a partnership agreement to help small and medium-sized enterprises (SMEs) leverage technology to better access global value chains. The partnership will...
OCBC Bank has developed a framework – the OCBC SME Sustainable Finance Framework – that makes it simpler and less costly for Singapore small and medium enterprises (SMEs) to access sustainable financing of up to S$20 million to accelerate their sustainability plans. SMEs will no longer...
It’s no secret that 2020 has been a challenging year for businesses, particularly SMEs. In response, the Singapore Government has introduced several forward thinking initiatives to support local businesses and help them become more resilient and competitive. Two such initiatives are the S$200 E-invoicing...
The Malaysian Ministry of Communications and Multimedia (KKMM) has announced the launch of PRIME (Program Realisasi Impian Ekonomi Digital), an initiative by the national level domain name provider MYNIC, to drive digital adoption among the small medium and enterprise (SME) sector and increase the competitiveness of small...
The Monetary Authority of Singapore (MAS) has announced the launch of a S$35 million Productivity Solutions Grant (PSG) for the financial services sector to help smaller financial institutions adopt digital solutions for more streamlined data reporting to MAS. The grant is currently applicable to...